IPDP vs. XSPI

Last updated Jun 4, 2026

IPDP (Dividend Performers ETF) and XSPI (NEOS Boosted S&P 500 High Income ETF) are both Derivative Income funds. IPDP is actively managed, while XSPI is passively managed. IPDP charges 1.52%/yr vs 0.98%/yr for XSPI.

Performance

IPDP vs. XSPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dividend Performers ETF (IPDP) and NEOS Boosted S&P 500 High Income ETF (XSPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IPDP

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XSPI

• 1D: -0.89%
• 1M: 5.09%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IPDP vs. XSPI - Yearly Performance Comparison

	2026 (YTD)
IPDP Dividend Performers ETF	0.00%
XSPI NEOS Boosted S&P 500 High Income ETF	7.72%

Return for Risk

IPDP vs. XSPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and NEOS Boosted S&P 500 High Income ETF (XSPI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IPDP	XSPI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.55	—

Drawdowns

IPDP vs. XSPI - Drawdown Comparison

The maximum IPDP drawdown since its inception was 0.00%, smaller than the maximum XSPI drawdown of -11.59%. Use the drawdown chart below to compare losses from any high point for IPDP and XSPI.

Drawdown Indicators

	IPDP	XSPI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-11.59%	+11.59%
Current Drawdown Current decline from peak	0.00%	-0.89%	+0.89%
Average Drawdown Average peak-to-trough decline	0.00%	-2.23%	+2.23%

Volatility

Volatility by Period

	IPDP	XSPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	17.64%	-17.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	17.64%	-17.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	17.64%	-17.64%

IPDP vs. XSPI - Expense Ratio Comparison

IPDP has a 1.52% expense ratio, which is higher than XSPI's 0.98% expense ratio.

Dividends

IPDP vs. XSPI - Dividend Comparison

IPDP has not paid dividends to shareholders, while XSPI's dividend yield for the trailing twelve months is around 6.83%.

Position	TTM
IPDP Dividend Performers ETF	0.00%
XSPI NEOS Boosted S&P 500 High Income ETF	6.83%

Frequently Asked Questions

Which ETF is better, IPDP or XSPI?

On fees, XSPI is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IPDP or XSPI?

XSPI is cheaper with a 0.98% expense ratio, compared with 1.52% for IPDP.

Which ETF pays a higher dividend yield, IPDP or XSPI?

XSPI has the higher dividend yield at 6.83%, compared with 0.00% for IPDP.

What is the main difference between IPDP and XSPI?

They also come from different issuers: Innovative Portfolios and NEOS Investments. Their fees differ too: 1.52% for IPDP and 0.98% for XSPI.